[ Nominal GDP in billions of USD ]
Year -
$140.93 billions
Slovakia GDP expanded from 1990 to 2024, increasing from $12.92 billion to $140.93 billion.The compound annual growth rate (CAGR) averaged 7.28% over the period. The economy recorded its peak level in 2024 and its lowest level in 1990. Growth volatility remained high. The maximum drawdown reached 12.32%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 140.93 Billions | $ 260.98 Int Billions |
| Growth (YoY) | 5.507% | 4.605% |
| Net Change vs Previous Year | $ 7.36 Billion | $ 11.49 Int Billion |
| % of World GDP | 0.13% | 0.13% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 12.92 | - | - | 45.78 | - | - |
| 1991 | 14.46 | 1.54 | 11.962 % | 40.43 | -5.35 | -11.685 % |
| 1992 | 15.7 | 1.24 | 8.571 % | 38.57 | -1.86 | -4.596 % |
| 1993 | 16.74 | 1.04 | 6.616 % | 40.31 | 1.74 | 4.508 % |
| 1994 | 20.43 | 3.69 | 22.047 % | 43.72 | 3.42 | 8.473 % |
| 1995 | 26.18 | 5.75 | 28.157 % | 47.25 | 3.53 | 8.063 % |
| 1996 | 28.2 | 2.02 | 7.707 % | 51.04 | 3.8 | 8.033 % |
| 1997 | 27.84 | -0.35 | -1.252 % | 54.57 | 3.53 | 6.908 % |
| 1998 | 29.98 | 2.13 | 7.655 % | 57.5 | 2.93 | 5.363 % |
| 1999 | 30.5 | 0.52 | 1.735 % | 57.88 | 0.38 | 0.658 % |
| 2000 | 29.22 | -1.28 | -4.199 % | 61.27 | 3.39 | 5.864 % |
| 2001 | 30.73 | 1.51 | 5.172 % | 66.52 | 5.25 | 8.573 % |
| 2002 | 35.24 | 4.52 | 14.701 % | 71.47 | 4.95 | 7.436 % |
| 2003 | 46.62 | 11.37 | 32.268 % | 75.7 | 4.23 | 5.922 % |
| 2004 | 57.22 | 10.6 | 22.737 % | 81.48 | 5.77 | 7.627 % |
| 2005 | 62.55 | 5.33 | 9.32 % | 89.03 | 7.55 | 9.271 % |
| 2006 | 70.75 | 8.2 | 13.116 % | 101.58 | 12.55 | 14.1 % |
| 2007 | 86.59 | 15.84 | 22.382 % | 114.12 | 12.53 | 12.339 % |
| 2008 | 100.83 | 14.24 | 16.448 % | 127.56 | 13.45 | 11.785 % |
| 2009 | 89.34 | -11.49 | -11.393 % | 124.3 | -3.26 | -2.555 % |
| 2010 | 91.11 | 1.77 | 1.98 % | 136.84 | 12.54 | 10.088 % |
| 2011 | 99.71 | 8.59 | 9.431 % | 141.45 | 4.6 | 3.364 % |
| 2012 | 94.72 | -4.98 | -4.995 % | 146.13 | 4.68 | 3.31 % |
| 2013 | 99.13 | 4.41 | 4.655 % | 151.98 | 5.86 | 4.007 % |
| 2014 | 101.71 | 2.58 | 2.601 % | 157.73 | 5.74 | 3.779 % |
| 2015 | 89.18 | -12.53 | -12.323 % | 163.52 | 5.79 | 3.671 % |
| 2016 | 90.35 | 1.17 | 1.31 % | 162.21 | -1.31 | -0.801 % |
| 2017 | 95.98 | 5.63 | 6.233 % | 164.51 | 2.31 | 1.422 % |
| 2018 | 106.61 | 10.63 | 11.079 % | 171.63 | 7.11 | 4.324 % |
| 2019 | 105.84 | -0.77 | -0.721 % | 185.36 | 13.74 | 8.003 % |
| 2020 | 107.73 | 1.89 | 1.785 % | 192.85 | 7.49 | 4.039 % |
| 2021 | 120.51 | 12.78 | 11.861 % | 208.88 | 16.03 | 8.313 % |
| 2022 | 115.79 | -4.72 | -3.915 % | 225.76 | 16.87 | 8.079 % |
| 2023 | 133.58 | 17.79 | 15.36 % | 249.49 | 23.73 | 10.513 % |
| 2024 | 140.93 | 7.36 | 5.507 % | 260.98 | 11.49 | 4.605 % |
Between 1990 to 2024, Slovakia experienced the following economic phases:
The most remarkable growth occurred in 2003 with an increase of 32.268%, while the largest decline was in 2015 at -12.323%.